Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$59,405,745
Cash & Equivalents
46%
Property, Plant, & Equipment (net)
24%
Receivables (Non-Related)
20%
Other Assets
7%
Prepaid Expenses
2%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2025 (Year End)
$22,654,899
Payables & Accruals
58%
Other Liabilities
30%
Notes Payable / Debt (Non-Related)
11%
Deferred Revenue
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$14,591,771
$27,561,449
+89%
Receivables (Non-Related)
$10,528,783
$11,906,624
+13%
Related-Party Receivables
-
$0
-
Inventories
$107,685
$351,736
+227%
Prepaid Expenses
$1,105,586
$1,263,130
+14%
Investments
-
-
-
Property, Plant, & Equipment (net)
$9,817,566
$14,224,427
+45%
Other Assets
$3,538,409
$4,098,379
+16%
Total Assets
$39,689,800
$59,405,745
+50%
Liabilities
2024
2025
Change
Payables & Accruals
$11,072,370
$13,096,124
+18%
Grants Payable
-
-
-
Deferred Revenue
$380,859
$244,263
-36%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,301,923
$2,448,341
+6%
Related-Party Payables
-
$0
-
Other Liabilities
$2,338,810
$6,866,171
+194%
Total Liabilities
$16,093,962
$22,654,899
+41%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$23,595,838
$36,750,846
+56%
Net assets
2024
2025
Change
Net assets
+$23,595,838
+$36,750,846
+56%